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As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
The video, captured from the Rapido rider's point of view, shows his initial confusion upon arriving at the pickup location.
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying CompetitionThis decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 ...
While Rapido has not officially announced its foray into food delivery, a proposal shared with restaurants shows that food ...
Swiggy reports steady food delivery growth with an 18.8% increase in Gross Order Value in Q1. Despite a loss in quick commerce, efficiency is improving as the company re-evaluates its investment in ...
Swiggy reports widening net losses in Q1 FY26, with focus on long-term profitability and growth across verticals.
Swiggy's net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today's ETtech Top 5.
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